How To Use Public debt In A Sentence
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In 2010 it will have to replace some $65 billion in public debt, and fear of default has driven up the interest rate on new Greek government debt to 6 percent.
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Money lent to dictators and snaffled away into offshore accounts gets racked on to the public debt to be paid by future generations.
Debt crisis: A default in Europe could benefit poor countries | Jonathan Glennie
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The Economic Affairs Minister said that public investment in water conservancy is necessary, even if it means increasing public debt.
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The public debt/GDP ratio tells you whether the government has historically tried to violate a transversality condition.
From Musgrave to Shaviro, Arnold Kling | EconLog | Library of Economics and Liberty
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In "China's Water Pistol," Paul Krugman turned commentary on China into a general attack on those who remain wary of the United States' large public debt.
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Immediately on the endowment of a Majorat, and on the production of letters-patent, the titulary will be entered in the great-book of the public debt, for an unalienable revenue, according to the amount of his majorat.
Memoirs To Illustrate The History Of My Time Volume 1
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On the fiscal policy, the board suggests that the government should manage public debt more efficiently and accelerate fiscal decentralization into local areas as much as possible.
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High military expenditure will fuel inflation, reduce international competitiveness, and balance of payments crises will occur as public debt increases.
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To remonetize silver upon the old standard, and make it a legal tender for all private and public debts, will be considered by the whole civilized world as an act of repudiation on the part of the federal government, and cast a stain upon our national credit, which has hitherto stood as high and bright as that of any government in the world.
Recollections of Forty Years in the House, Senate and Cabinet An Autobiography.
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First, the medium-term vulnerabilities and constraints to robust growth discussed last week (see "Ten Risks To Global Growth"); second, the risk of a double-dip, W-shaped recession, as the wings of a tentative recovery of growth in 2010 could be clipped toward the end of that year or in 2011 by a perfect storm of rising oil prices, rising taxes and rising nominal and real interest rates on the public debt of many advanced economies.
Doomsayers--Or Realists?
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If you are a country like the US, the UK, or Japan that can monetize its fiscal deficits, then you won't have a sovereign debt event but high inflation that erodes the value of public debt.
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Elorriaga had decided to withdraw when Congress refused to support his proposals on taxation and on the refunding of the public debt.
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Bled by war and terrorism, beset by a lingering financial crisis and stubbornly high unemployment, facing stagnant wages and growing inequality, saddled with obsolete infrastructure and massive public debt, the United States today seems far removed from the confident "hyperpower" of a decade ago.
Will Marshall: To Fix Our Country, We Need to Fix Our Politics First
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It adds to the current budget pressure due to the economic crisis and the mountain of public debt.
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High military expenditure will fuel inflation, reduce international competitiveness, and balance of payments crises will occur as public debt increases.
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Surplus countries are unwilling to stimulate consumption, while deficit countries are building unsustainable public debt.
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Another consequence of such default, Todd says, would be freeing economies and governments from control of what he calls the "oligarchy" of mega-rich investors whose fortunes and interests drive and shape bond markets -- and whose gain through safe government securities have influenced political leaders into building up huge public debt in the first place.
Yahoo! News: Business - Opinion
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And the very day before his end, it being told him that the magistrate Granius deferred the payment of a public debt, in expectation of his death, he sent for him to his house, and placing his attendants about him, caused him to be strangled; but through the straining of his voice and body, the imposthume breaking, he lost a great quantity of blood.
The Lives of the Noble Grecians and Romans
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The domestic public debt is not the product of state profligacy.
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The central bank is drafting a bill to be presented in Parliament during the budget session, which will seek to put a cap on government guarantees and public debt.
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Bar a macroeconomic miracle, public debt will soon be running at 102 percent of GDP.
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That meant tight budgetary discipline to control inflation, reduce the deficit and moderate the volume of public debt.
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Because today 70 percent of our new debt is being purchased by foreign lenders, 50 percent of our public debt is held by foreign lenders, and that means America's being mortgaged, which is not good for our economy.
CNN Transcript Aug 20, 2008
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Deficits and the public debt have piled up mountainously since then, and few people care, least of all conservative Republicans.
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In most countries, the combined public debt of government, parastatals and utilities is what drives the secondary capital market.
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The public debt must be reduced; the arrogance of the authorities must be moderated and controlled.
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Its gross public debt is forecast to be 85 % this year.
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In public debts, as in private debts, the debtor should make a fair and honest effort to justify the trust imposed in it when it pledged its word and its faith, and the natural complement of a fair and honest attitude on the part of the borrower is a willingness on the part of the creditor to make an equitable settlement with a distressed but conscientious borrower.
The Next Five Years in Canada
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The NT $25 billion budget would not be counted and included under the Public Debt Law, according to the draft proposal.
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‘Fiscal rot’ was his marginal note on a chart showing the growth of the public debt in the 1990s.
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All the money coming from sales of the western folkland was to be applied to reducing and wiping out the principal of the public debt.
The Critical Period of American History
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An audit commission could examine public debt for its legality, legitimacy, odiousness and social sustainability, providing grounds for its cancellation.
Democratic lessons on public debt from developing countries | Costas Lapavitsas
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Neil Rutledge of consultants Grant Thornton said: "This week's spending cut announcement was the inevitable culmination of the vast growth in public debt.
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The Maastricht rules also impose strict limits on public debt.
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Outstanding public debt is now not far short of $10 trillion.
Times, Sunday Times
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Public debt - loans contracted by governments to pay their armies, borrowing by cities and rural communities to pay their taxes - had risen alarmingly.
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The ratio of public debt to GDP stands at 84 per cent.
Times, Sunday Times
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To Bentham, who willed his own body to the University of London, it was perfectly just to put the bodies of paupers to scientific use as a means of repaying their public debt.
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First, the massive accumulation of public debt will need to be offset by cuts in public spending.
Times, Sunday Times
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The criteria for budget deficits and public debt require spending cuts.
